Business Services Industry

WB: Businesspeople must be more proactive.

Internet Securities, October, 2004

MEXICO CITY, Oct 08, 2004 (Especialistas en Medios/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- In light of the absence of good results in the public sector, businesspeople must be the ones to promote changes in the country, suggested Guillermo Perry, World Bank (WB)'s chief economist for Latin America.

"The main party responsible for growth is the private sector; it has been proven that in countries where the private sector is more dynamic, proactive and eager to create alliances with the government, economic growth is greater," said Perry.

After a meeting between the WB and International Monetary Fund (IMF), Perry said that both financial organizations would continue to call on the government to implement structural reforms and reinforce...

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